The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA), Mr Farouk Ahmed, has urged petroleum products dealers to operate within the […]
Seplat Energy, Nigeria’s biggest oil and gas company by market value, reported a 39 per cent improvement in after-tax in naira terms for the first […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano […]
▪ Restored to office▪ Awarded N5b in damages▪ Judgment voids all decisions by board since removal In a historic decision against a sitting President, Justice […]
The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent in the period to 2045, […]
The Nigeria National Petroleum Company Ltd. (NNPC Ltd) is deepening investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and OB3 gas interconnector to support five billion […]
The Managing Director, Nigerian National petroleum Commission Retail Ltd., (NRL), Mr Huub Stokman, has restated the company’s commitment to the Oil Trading and Logistics (OTL) […]
The oil market is heading for a significant shortfall of around two million barrels per day at the end of the year as a result […]
The 2.4 bilion dollars revenue probe over alleged illegal sale of 48 million barrels of crude oil export from 2014-2015 is not a witchhunt, says […]
The Nigerian National Petroleum Company Limited (NNPC Ltd), says Nigeria’s domestic gas infrastructure network has capacity to transport 6.9 billion Standard Cubic Feet (BCF) of […]
African Development Bank (AfDB) Group President, Dr Akinwunmi Adesina, says urgent action is needed to reduce the world’s dependence on fossil fuels and harness Africa’s […]
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international […]
The Niger Delta region is like a diamond in the rough. It has vast potential for wealth and prosperity due to its reserves of oil […]
By DANJUMA JOSEPH, Lafia – President Muhammadu Buhari, has officially flagged off the spud-in of the Ebenyi-A Well located in the Middle Benue Trough, in […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well will increase Nigeria’s hydrocarbon reserves from 37 billion barrels […]
By DAVID IORJA, Abuja – President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater […]
Sen. Margery Okadigbo, Board Chairman, Nigeria National Petroleum Company Limited (NNPCL) has emphasised the need to promote gender equality in the energy sector in view […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth in the midstream and downstream […]
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in February 2022 to N263.76 in […]
By OLA MUDOPE, Lagos – The Shell Petroleum Development Company of Nigeria Ltd., (SPDC), operator of the SPDC joint venture, says it has lifted the […]